The Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority has officially recognized Tether’s USDt stablecoin as an accepted virtual asset (AVA). With the approval, licensed financial service providers within the ADGM can offer services related to USDT to facilitate its integration into regulated financial ecosystems. The recognition covers USDT issued on multiple blockchains —…

dYdX launches a new upgrade to its trading platform with dYdX Unlimited, bringing features like automatic liquidity and instant market listings to enhance user experience. Built on the principles of transparency and user empowerment, decentralized exchanges (DEXs) have been steadily gaining traction within the blockchain and cryptocurrency space. Boosted by the memecoin frenzy, DEXs enjoyed…

Modern banking systems worldwide are antiquated, and it’s only a matter of time before crypto and blockchain tech surpass them, says Eric Trump, an American businessman and the second son of Donald Trump. In a Dec. 9 interview with CNBC’s Dan Murphy in Abu Dhabi, ahead of his keynote speech at the Bitcoin Conference, the third oldest…

Dubai-based cryptocurrency trading platform BitOasis secured a new license in its home jurisdiction after being acquired by Indian crypto exchange CoinDCX. BitOasis received a full virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced on Dec. 9. The acquisition of the full license marked the final step in BitOasis’ VARA…

Ether’s price is forming “structural changes,” indicating that a big move may be on the horizon. Some crypto commentators say it may retest its all-time high within the next seven days. Bankless podcast host Ryan Adams said in a Dec. 9 X post that a new Ether all-time high “could happen” within the next week. Ether’s…

Once dismissed as a fringe asset of cypherpunks and tech enthusiasts, Bitcoin has climbed through milestone after milestone, from $1 in 2011 to $1,000 in 2013, and now to the coveted six-figure mark in 2024. Bitcoin’s latest ascent speaks to its evolution from a curious experiment to a legitimate global financial asset. But the journey…

Salvadoran President Nayib Bukele highlighted the country’s unrealized gains from its Bitcoin investments on social media after the cryptocurrency surpassed $100,000 for the first time. On Dec. 5, Bitcoin reached $100,000 for the first time, sparking celebrations within the crypto community. That same day, Autism Capital, a crypto-focused account on X, asked Bukele to share El Salvador’s…

Ether could see a rally to over $5,000 based on technical chart patterns, as analysts predict that Ether’s bullish momentum may extend another year until the end of 2025. Ether price could surge above the $5,000 all-time high, driven by its correlation with Bitcoin price, which surpassed $100,000 for the first time in history on Dec….

David Sacks was recently appointed by President-elect Trump as his top AI and cryptocurrency advisor. The new “Crypto Czar” is not only pro-crypto, and a seasoned technologist, but has also hailed Bitcoin as a potential way to separate money and state. Speaking to Anthony Pompliano, the former PayPal executive and tech founder praised Bitcoin for…

As the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses most of the daily economic activity on the Ethereum blockchain, the problem of centralization persists. Elena Sinelnikova, co-founder of the Metis L2, recently told Cointelegraph that layer-2 scaling solutions should adopt decentralized sequencers to maximize anti-fragility and censorship resistance. According to Sinelnikova, most layer-2…